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DSP Bond Fund

DSP Bond Fund

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Benchmark: CRISIL Medium Duration Debt A-II info icon

12.11K people have invested in this fund

View performance details

Return:

This fund

18.00%

CRISIL Medium Duration Debt A-II

14.30%

CRISIL 10 Year Gilt Index

14.15%

Invested

Earning

This fund

18.00%

CRISIL Medium Duration Debt A-II

14.30%

CRISIL 10 Year Gilt Index

14.15%

team 12.11K people have invested in this fund as of

This is a Debt Income, Medium Duration fund with CRISIL Medium Duration Debt A-III Index as its benchmark. The risk level for this fund is categorized as Moderate Risk.

Total AUM

356.2 crores as of May 31, 2024

Age of Fund

27 years 1 month since Apr 29, 1997

Expense Ratio

0.72% as of Jun 14, 2024

Exit Load

Nil  

Ideal holding period

3 Years+

Rolling Returns

Bars show distribution of returns in given range for selected time period

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Things to know before you invest

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What is in DSP Bond Fund?

  1. DSP Bond fund invests in quality corporate bonds & money market instruments with a portfolio duration of 3 - 4 years.
  2. It invests in a mix of AA+ rated & above corporate bonds to minimize credit risk and duration risk.
  3. It has constant maturity strategy where fund's average maturity tend to be closer to 4 years.
  4. One of DSP's oldest debt funds with a 24 year+ track record.
  1. Constant maturity portfolio strategy helps investors to predict probable outcomes from the fundinterest rate scenarios over time.
  2. Can provide better returns compared to 4 year roll-down & Target maturity funds in scenario of falling or flat interest rate cycle.
  3. Risk profile of investor investing in the fund remains constant.
  1. Consider this fund if you
    • Want constant risk profile from debt investment.
    • Are expecting interest rate to peak out or fall.
    • Are a relatively new debt market investor.
    • Value stability & consistency of returns.
    • Don't want to take a high level of credit risk.
    • Are looking to reduce the overall risk level of your portfolio.
    • Understand the basics of debt investing.
  1. Bond Fund carries Moderate Risk.
  2. Even though this is a debt scheme, in rare circumstances, investment losses may be possible.
  3. In scenario of rising interest rate, fund may have market to market loss due to constant duration.
  4. This is not an equity-oriented fund, so do not expect very high returns.

Fund managers:

Vivek Ramakrishnan

Vivek Ramakrishnan

Total work experience of 29 years. Managing this fund since July 2021.
Total work experience of 29 years. Managing this fund since July 2021.

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Karan Mundhra

Karan Mundhra

Total work experience of 16 years. Managing this fund since May 2021.
Total work experience of 16 years. Managing this fund since May 2021.

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Portfolio

Prescribed asset allocation: 0% - 100% *Debt and Money Market Securities , 0% - 10% Units of REITs & InvITs
* Debt securities may include securitised debts up to 50% of the net assets. The Scheme will invest in Debt and Money Market instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years.- Under normal circumstances. The Scheme will invest in Debt and Money Market instruments such that the Macaulay duration of the portfolio is between 1 year and 4 years.- Under anticipated adverse circumstances.

Current Allocation

as of May 31, 2024

Top holdings

No Data to display

Top Sectors

No Data to display

Top holdings

No Data to display

Top holdings

7.10% GOI 2029

17.01%

Reliance Industries Limited

7.59%

NTPC Limited

7.45%

Bajaj Finance Limited

7.35%

Power Finance Corporation Limited

7.16%

Cash & cash equivalents

0.19%

Credit rating profile

CRISIL AAA

57.90%

SOV

19.70%

ICRA AAA

7.00%

ICRA A1+

6.90%

CRISIL A1+

6.60%

Instrument break-up

Bonds & NCDs

65.00%

Government Securities (Central/State)

17.00%

Money market instruments

16.30%

TREPS

1.40%

Mutual-funds

0.30%


Indicators

Yield to Maturity

7.51 %

Modified Duration

3.23 Yrs

Portfolio Macaulay Duration

3.45 Yrs

Average Maturity

4.01 Yrs

Compare Performance

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  • Historical Returnsas of with investment of10,000

This fund CRISIL Medium Duration Debt A- ^ CRISIL 10 Year Gilt In #
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

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Invested as

Invested Amount

Invested since

This fund

Vs

CRISIL Medium Duration

CRISIL 10 Year Gilt In

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Apr 29, 1997.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Additional Benchmark

Fund Details

Fund Details

Investment Objective

The primary investment objective of the Scheme is to seek to generate an attractive return, consistent with prudent risk, from a portfolio which is substantially constituted of high quality debt securities, predominantly of issuers domiciled in India. This shall be the fundamental attribute of the scheme.
As a secondary objective, the Scheme will seek capital appreciation.The Scheme will also invest a certain portion of its corpus in money market securities, in order to meet liquidity requirements from time to time.
There is no assurance that the investment objective of the Sc ...more

Fund Type

Debt – Income
Medium Duration Fund

An open ended medium term debt scheme investing in debt and money market securities such that the Macaulay duration of the portfolio is between 3 years and 4 years (please refer page no. 33 under the section 'Where will the Scheme invest?' for details on Macaulay's Duration).
A relatively high interest rate risk and moderate credit risk.

Riskometer

Level of Risk in the fund

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Potential Risk Class Matrix : B-III

B-III is the potential risk class matrix of DSP Bond Fund based on interest rate & credit risk.

Minimum Investment

Rs.  100 Lumpsum
Rs.  100 SIP– 12 instalments
Rs.  100 Minimum Additional Purchase

team 12.11K peoplehave invested in this fund as of